Lease Option Or Exchange and Delayed Completion ?
Lease Options or Delayed Exchange and Completion: Which is right for me and what are the differences ? When you decide to grow your portfolio you need to choose a strategy which suits your needs and requirements. At MS Law we understand this and we use various methods and strategies to meet your expectations and [...]
“Staycations” and Risks of Owning a Holiday Home
The popularity of second homes in the UK, which are often used as holiday homes, could be exposing owners to a “minefield” of risks. The popularity of “staycations” – staying in the UK rather than travelling overseas for a holiday – has seen more second homes being used by “staycationers.” Statistics from the English Housing [...]
Common Lease Option Questions: What happens if the Seller dies during the Option Period?
Although the death of a seller seems unlikely it is in fact one of the most frequent questions we are asked by clients thinking about the long term nature of a Lease Option. The answer to this question however depends on various circumstances and below we have tried to outline some scenarios and the likely [...]
MS Law Achieves Conveyancing Quality Scheme Accreditation
We are pleased to announce that MS Law LLP has achieved accreditation with The Law Society’s Conveyancing Quality Scheme (CQS)¸ the quality mark for residential property lawyers introduced earlier this year. The CQS mark of excellence in home buying provides a recognised quality standard for residential conveyancing practices and ensures you as clients can easily [...]
Top Ten Tips on Buy to Let
Whether it is you first or your twentieth buy to let, our clients regularly ask us for tips and advice on how best they can source their properties and get deals off the ground. We therefore wanted to share you some of our “top tips” to help you make a success of your deal and [...]
Residential service charges: can they be challenged ?
One question we often get asked by our client’s when they are purchasing a property is what can they do if in future years the service charge for the flat or apartment becomes excessive and greedy freeholders and managing agents are trying to take advantage. Legislation protects residential tenants from excessive service charges. Before entering [...]
New Guide to Tenancy Deposit Disputes
A new guide has been produced to help landlords, agents and tenants deal with deposit disputes. It suggests ways in which disputes can be avoided and gives examples of evidence that an adjudicator might look for when considering a dispute. The guide has been published by The Deposit Protection Society, The Tenancy Deposit Scheme and My Deposits, [...]
Landlords Don’t Forget Your Annual Gas Inspections
Landlords, most of you will know you must have annual gas safety inspections undertaken on your properties and certificates provided by the inspector. But do you know the consequences should you fail to meet your responsibilities ? We recently read a report where a Landlord who repeatedly failed to carry out annual gas inspections on [...]
Courts Back Landlords over Tenant Deposit Schemes!
A review of the courts decision over Landlord’s failure to comply [...]
Long Leaseholds: Tips on Creating a Title for A New Flat
Many of our clients are asking how to go about splitting the title of a freehold property into flats. We therefore thought many of you will find the following tips and information useful:- Many people don’t know this but you can’t create “freehold flats”. Instead you need to grant long leases of the flats (125 [...]
